Medium-Term Management Strategy
―Our New Medium-term Management Strategy―

Innovating a Sustainable Future
for People and Planet

Medium-Term Financial Targets

Regarding our Medium-term financial goals, we will use EBITDA as the primary indicator and target a 20%increase compared to fiscal 2022.
In growth sectors, which will be the drivers of this increase, we aim for a 40% rise in EBITDA compared to fiscal 2022. Furthermore, in global businesses within these growth sectors, we have set a target overseas operating profit margin of 10% for fiscal 2025.
We hope to continue generating profits in existing sectors as well, with our goal being a 10% EBITDA increase compared to fiscal 2022, and we have set a ROIC target of 9% to improve capital efficiency.
We also aim to attain both sustainable growth and shareholder return and maintain EPS growth at levels similar to those seen previously.
Additionally, we are setting targets for three sustainability-related non-financial indicators based on our Sustainability Charter and NEW Environment and Energy Vision: New Female Manager Promotion Rate, Greenhouse Gas Emissions, Engagement Rate.

^※1IOWN, digital/data centers, power/energy, Smart Life, real estate, AI/robots, etc.

^※2NTT DATA Group consolidated. Excludes temporary expenses, such as M&A-related depreciation costs of intangible fixed assets.

^※3NTT DOCOMO's consumer telecommunications businesses, NTT East and NTT West.

Expansion of Investment for Further Growth

We plan to allocate approximately8 trillion yen toward investments and capital contributions in growth sectors over the next five years, representing a 50% increase over previous levels. Overall, we are planning investments totaling about 12 trillion yen. Although the larger scale of investment for further growth will increase our need for capital, we aim to maintain or reduce the level of interest-bearing debt at around twice the level of EBITDA, with attention given to capital efficiency.

Fundamental Policy on Shareholder Returns

Regarding our fundamental policy on shareholder returns, we will continue to principally aim for a steady increase in dividends, while flexibly conducting share buybacks to improve capital efficiency.

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  NTT DOCOMO

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  NTT Communications

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  NTT EAST

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  NTT WEST

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  NTT DATA

Group Companies